Investment Overview

Marcus & Millichap is pleased to present for sale The Corner, located in Detroit, Michigan. The Corner is a mixed-use multifamily and retail development located on the historic Tiger Stadium site at Michigan Avenue and Trumbull in Detroit’s Corktown neighborhood. The project delivers approximately +/- 111 residential units above roughly 26,000 square feet of ground-floor retail, providing a diversified income stream from both housing and commercial tenancy. Its location offers irreplaceable visibility and connectivity, surrounded by Corktown’s thriving restaurant and entertainment scene, The Corner Ballpark, and close proximity to Downtown Detroit. With steady foot traffic, strong neighborhood identity, and ongoing redevelopment momentum, The Corner is positioned as a long-term anchor asset within one of the city’s most desirable and active districts. Detroit’s multifamily market fundamentals continue to strengthen, with occupancy levels stabilizing in the mid-90s and recent rent growth outpacing other Midwest markets. The city has seen signs of population growth and sustained demand for urban living, particularly among young professionals seeking walkable neighborhoods with access to employment centers. Corktown’s growing density, adaptive reuse projects, and corporate investments reinforce the area’s trajectory, while The Corner’s mix of unit types and retail space aligns with evolving r, these dynamics make the property a compelling core-plus investment, offering stable residential cash flows with additional upside from retail leasing and continued neighborhood revitalization.